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Washington Court Upholds Authority to Pursue Charges in Workplace Death
News – Insurance Journal Feb 24, 2021 | 14:30 pmThe Washington State Supreme Court has ruled that an employer can be charged with a felony in connection with a workplace fatality. The recent decision clears the way for the King County Prosecutor to move forward with second-degree manslaughter charges[…]
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Fire Victim Trust Sues California Utility Executives for Causing Wildfires
News – Insurance Journal Feb 24, 2021 | 14:25 pmThe Fire Victim Trust has filed a lawsuit in San Francisco Superior Court against certain former officers and directors of PG&E Corp. and Pacific Gas and Electric Co. for their role in causing the catastrophic 2017 North Bay Fires and[…]
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Personal Info Posted Online After North Carolina County Ransomware Attack
News – Insurance Journal Feb 24, 2021 | 12:51 pmAn investigation into a ransomware attack on a North Carolina county’s computer network showed personal information posted for sale on the “dark web,” the county said. The Chatham County network was hit on Oct. 28 with ransomware that originated in[…]
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Water Woes Expected to Last Several More Days in Mississippi After Freeze
News – Insurance Journal Feb 24, 2021 | 12:45 pmRising temperatures began melting the snow and ice in Mississippi and Louisiana, but tens of thousands of people still had little or no water service Monday, some waiting a week for restoration since the outages began during an extended freeze.[…]
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15 Insurers Stop Doing Business with Nord Stream 2 Pipeline to Avoid Sanctions: Reuters
News – Insurance Journal Feb 24, 2021 | 12:37 pmBaker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was[…]
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Missouri Auto Parts Manufacturer Cited in Worker’s Coronavirus Death
News – Insurance Journal Feb 24, 2021 | 12:34 pmFederal workplace safety officials have cited a Missouri-based auto parts manufacturer for failing to maintain safe workplace conditions after worker tested positive for coronavirus and subsequently died of COVID-19, the disease caused by the virus. Two machine operators at Grandview-based[…]
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Michigan Aerospace Parts Provider to Pay $60K to Settle Age Discrimination Suit
News – Insurance Journal Feb 24, 2021 | 12:25 pmA Michigan-based aerospace components manufacturer will pay $60,000 and provide other relief to settle a federal age discrimination lawsuit, officials say. According to the lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), United Precision Products Co. Inc., based[…]
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Michigan’s Kapnick Insurance Adds Tubergen as VP, Transportation Leader
News – Insurance Journal Feb 24, 2021 | 12:19 pmKapnick Insurance Group, based in Ann Arbor, Michigan, has hired Keith Tubergen as vice president and transportation practice leader. Tubergen joins Kapnick with 26 years of experience in the towing industry. In addition to his towing and general business experience,[…]
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Judge Advances Multidistrict COVID Business Interruption Case Against Society Insurance
News – Insurance Journal Feb 24, 2021 | 12:15 pmA federal judge denied Society Insurance’s motions to dismiss three “bellwether” lawsuits filed by hospitality businesses that were denied coverage for revenue lost because of COVID-19 public health orders. U.S. District Judge Edmond Chang in Chicago, who was assigned a[…]
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California Governor Wants Vaccines for Central Valley Farmworkers
News – Insurance Journal Feb 24, 2021 | 10:12 amMore vaccines are headed to California’s vast Central Valley, an agricultural region whose workers and residents have been hard hit by coronavirus, Gov. Gavin Newsom said Monday. The multi-county region, which includes the cities of Fresno and Bakersfield, will get[…]
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Nevada Ski Resort Sued for Negligence After Fatal Avalanche
News – Insurance Journal Feb 24, 2021 | 10:09 amThe widow and a friend of a man killed in an avalanche at a Lake Tahoe ski resort last year have filed separate lawsuits accusing the resort of negligently rushing to open the slopes in unsafe conditions for a holiday[…]
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Massive SolarWinds Hack Prompts Calls for U.S. Law Requiring Cyber Breach Reporting
News – Insurance Journal Feb 24, 2021 | 09:36 amA bipartisan group of senators on Tuesday recommended that the U.S. consider requiring companies to disclose when they have been hacked. At the first public hearing before Congress since a massive cyber-attack by suspected Russian hackers was disclosed in December,[…]
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Suspect Arrested in June 21 Fatal Shooting in Connecticut Hotel
News – Insurance Journal Feb 24, 2021 | 09:35 amA suspect has been arrested in a fatal shooting last June in a Meriden hotel, police said. Trevor Outlaw, 33, was arrested Friday in the June 21, 2020 death of Giovanni Rodriguez at the Comfort Inn on East Main Street,[…]
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New Members Appointed to New York State Insurance Advisory Board
News – Insurance Journal Feb 24, 2021 | 09:32 amThe New York State Department of Financial Services (DFS) has appointed members to serve a three-year term on the New York State Insurance Advisory Board. Members of the board include representatives of the insurance industry and consumer advocates, as required[…]
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Allianz Global Corporate & Specialty Promotes Fioretti in New York
News – Insurance Journal Feb 24, 2021 | 09:30 amAllianz Global Corporate & Specialty (AGCS) has named Katie Fioretti as regional head of portfolio steering for financial lines in North America, effective immediately. She assumes the role from Alessandro Carriglio, now head of claims reporting and analytics. Fioretti reports[…]
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French Privacy Watchdog Probes Massive Leak of Sensitive Health Data
News – Insurance Journal Feb 24, 2021 | 09:28 amFrance’s privacy watchdog said it’s investigating the leak of sensitive health data on half a million people and said the companies involved could face heavy penalties if they don’t come forward with details of the breaches. The leaks were of[…]
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Finland’s Sampo Steps Up Move to Become Pure Insurance Group, Cutting Nordea Stake
News – Insurance Journal Feb 24, 2021 | 09:03 amFinnish financial group Sampo plc is continuing its transformation into a pure insurance group with an announcement that it will substantially cut its 15.9% stake in Nordea Bank. Sampo’s board and management said the company will focus on high-quality P/C[…]
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EPIC Realigns Leadership With O’Neil as President; Creates New Regional Lineup
News – Insurance Journal Feb 24, 2021 | 09:00 amEPIC Insurance Brokers and Consultants announced organizational and restructuring changes across the company. Tom O’Neil has been named president of EPIC and will work directly with CEO Steve Denton to grow the business across its entire platform – from Private[…]
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Furtschegger Appointed Global Head of Entertainment Line of Business at AGCS
News – Insurance Journal Feb 24, 2021 | 07:18 amMichael Furtschegger has been appointed as global head of Entertainment at Allianz Global Corporate & Specialty (AGCS), reporting directly to Dr. Renate Strasse, AGCS SE board member and chief underwriting officer specialty. Based in Munich, Furtschegger has led the global[…]
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AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential
News – Insurance Journal Feb 24, 2021 | 06:39 amAll good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA SA recently scored a market-beating success. Not by delivering higher returns, but by generating a lower level of global warming.[…]
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